Market Overview: 24 October 2024 💡 Key Insight: Top Gainers (Nifty 50): Top Losers (Nifty 50): Global Market Performance: News Updates: Stock-Specific Updates: Word of the Day: Fiscal Policy – Government decisions on spending and taxation to influence the economy. It contrasts with monetary policy, which is handled by central banks to control money supply. Long-Term Market Returns (20 years): Precious Metals & USD/INR:
Market Snapshot: Index Performance: Positional Trends: Index Current Price (CMP) Trend Support Resistance PCR Nifty 24,435.00 Bearish 24,300-24,200 24,600-24,700 0.79 Bank Nifty 51,239.00 Bearish 51,000-50,700 51,600-51,800 0.85 Sensex 80,082.00 Bearish Not Specified Not Specified Not Provided Key Insights: FII/DII Activity: Actionable Trading Ideas: Option Chain & Expiry Watch: Company News: Summary: The market is currently in a bearish zone, with Nifty facing strong resistance at 24,600 and call writers actively building positions at higher levels. Bank Nifty also remains weak, …
Title: Daily Market Recap: Nifty Stays Flat, IT Stocks Shine, and Global Market Caution Key Market Movements: 💡 Nifty 50’s Performance Insight:Nifty 50 has seen a decline between 0% and 1% about 374 times in the last 5 years. The market closed flat today, with little movement in either direction. Sector Highlights: Global Market Update: Nifty 50 Top Gainers: Company Price Change Bajaj Finance Rs 6,995.80 â–² 4.76% Tech Mahindra Rs 1,735.95 â–² 2.32% Bajaj Auto Rs 10,586.75 â–² 2.11% …
Key Takeaways: Index Performance: Technical Outlook: Though today’s decline was moderate, the market remains vulnerable to further downside. Key support levels to watch are near the bullish gap around 24,200, with 24,300 being crucial on the weekly expiry day. On the upside, resistance lies at 24,600, and a breakout above 25,000 could reignite optimism. Top Gainers: Company Price Gains BAJFINANCE 7,004.85 â–² 4.90% TECHM 1,732.85 â–² 2.14% TATACONSUM 1,016.00 â–² 1.78% BAJAJ-AUTO 10,550.00 â–² 1.75% HDFCBANK 1,736.20 â–² 1.26% Top …
Index Performance Action Points Index Nifty (CMP: 24,472.00) Bank Nifty (CMP: 51,257.00) Sensex (CMP: 80,221.00) Positional Trend Bearish Bearish Bearish Positional Support 24,300-24,200 51,000-50,700 — Positional Resistance 24,600-24,700 51,600-51,800 — PCR 0.73 0.59 — Max Pain 24,650 51,500 81,500 Technical Outlook – Nifty Put Call Ratio (PCR) Date PCR 22-10-2024 0.73 (Oversold) 21-10-2024 0.81 18-10-2024 0.93 17-10-2024 0.88 FII/DII Cash Activity (22-10-2024) FII Future Index Activity Date Long-Short Ratio 22-10-2024 32% 21-10-2024 33% 18-10-2024 34% 17-10-2024 33% 16-10-2024 33% F&O …
Market Summary Nifty 50 PerformanceNifty fell by 309 points, closing at 24,472.10. This marks one of the approximately 90 times in the last five years that Nifty has fallen between 1% and 2% in a single day. Top Gainers – Nifty 50 Top Losers – Nifty 50 Global Markets Overview News & Updates Stock Updates Word of the Day: Sunk Cost Fallacy The sunk cost fallacy occurs when individuals or companies continue with a decision because of the resources already …
Key Market Takeaways – 21 October 2024 Volatility Index: Low at 13.76 Index Performance Recap Action Points for Key Indices Index CMP Positional Trend Positional Support Positional Resistance PCR Max Pain Nifty 50 24,781.00 Slightly Bearish 24,700 – 24,600 25,000 – 25,200 0.81 24,800 Bank Nifty 51,963.00 Slightly Bearish 51,500 – 51,100 52,300 – 52,800 0.87 52,000 Sensex 81,151.00 Slightly Bearish N/A N/A N/A 82,100 Technical Outlook for Nifty 50 Option Chain Analysis Put-Call Ratio (PCR) Date PCR 21-10-2024 0.81 …
Market Digest – 21 October 2024 Welcome to the Market Digest, where we cover the key updates from the market and beyond. Market Overview The markets opened on a high note today, with Nifty 50 starting above yesterday’s close. However, by 9:32 AM, it dipped below that level and stayed in the red for the rest of the day. The auto and financial services sectors were the only ones in the green, while media stocks saw the steepest decline. Global …
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Stock Market Recap: Key Insights from the Week The Indian stock markets witnessed mixed trends this week as the Sensex and Nifty struggled to gain momentum, while specific sectors and stocks managed to outperform. Here’s a detailed breakdown of the market’s performance and the latest news. Key Market Takeaways Market Indices: Index Value Change Sensex 81,151.27 â–¼ 0.09% Nifty 24,781.10 â–¼ 0.29% Banknifty 51,962.70 â–¼ 0.25% Nifty 50 24,781.10 -72.95 points Technical Outlook Top Gainers Company Price Gains BAJAJ-AUTO ₹10,501.00 …